2023-12-31-accounts - Ipswich Community Church

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			Page
Report ofthe Trustees			1 to 5
independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet			8 to 9
Notes to the Financial Statements			10 to 19
Detailed Statement of Financial		Activities	20

					31.12.23	31.1222
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	8	8	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		3	31,006		31,006	34,881
Other income		4	17,133		17,133	14~
Total			48,139		48,139	49,035
EXPENDITURE ON
Charitable activities		5
Church related costs			28,126		28,126	35,991
Giving			3.564
					'
Total			31,690		31.690	85,991-"@~
NET INCOME			16,449		16,449 " ''.	.I. '1,3 "
RECONCILIATION OF FUNDS Total funds brought forward			265,512		265;512: ' ~'. S.:.i'=tf.~u""
TOTAL FUNDS CARRIED FORWARD			281,961		„':@'1'QFI"

				31.12.23	31.12.22
		Unrestricted	Restricted	Total	Total
	Notes	funds f	funds f	funds f.	funds f
FIXEDASSETS
Tangible assets	11	291,269		291,269	291,269
	12	5,152 49,568		5,152 49,568	4i537 37,774'
		54,720		54,720	42,311
CREDITORS
Amounts falling due within one year	13	(7,528)		(7,528)	'(6;867)		"+~Sf@;3
NET CURRENT ASSETS		47,192		47,192	35,'444
TOTAL ASSETSLESSCURRENT LIABILITIES		338,461		338,461;3/6,"716+H'
CREDITORS					,.Issr
Amounts falling due after more than one year	14	(56,500)		(56B500):„":, .(614M1		' . '
NET ASSETS		281,961		'28'1,961B, '-'fh ' xh	4 ~612B
'TOTAL FUNDS FUNDS Unrestricted funds	17			I 28)~461r " '.' jS1t

	No employees received emoluments	No employees received emoluments	No employees received emoluments	in excess of660,000
10.	COMPARATIVES FOR THE	STATEMENT OF FINANCIAL ACTIVlllES Un stricted			~,		Tolal
	INCOME AND ENDOWMENTS Donations and legacies		FROM 34,661				34'
	Other income			14,354			14+5'4, -='
	Total			49,035		~4I~:
	EXPENDITURE ON
	Charitable activities
	Church related costs			35,991
	NET INCOME			13,044
					"k' "'+
	RECONCILIATION OF FUNDS
	Total funds brought forward			252,468
	TOTAL FUNDS CARRIED FORWARD

DEBTORS:AMOUNTS FALUNG DUE WITHIN ONE YEAR	31.1223:, ,;-;;i3 @12. -'
Other debtors	-'2,522'8.
Prepayments
	~%-' PI52

			31.12.23 f	31.12.22
	Bank loans and overdrafis (see note 15) Other creditors		5,002 92	5,002 188
	Accrued expenses		2,434	1,677
			7,528	6,867
14.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			31.12.23 f	31.12.22
	Bank loans	(see note 15)	56,500	61,201
15.	LOANS
	An analysis	ofthe maturity ofloans is given below:
			31.12.23 f	31.12.22
	Amounts falling due within one year on demand: Bank loans		5,002	5;002'.
	Amounts falling due in more than five years
	Repayable	by instalments:
	Bank loans	more 5yr by instal	56,500	--. ...6$g20$

									Net
									movement			At
							At 1.1.23		in funds			31.12.23
Unrestricted	funds						E					E
General fund							265,512		16,449			281,961		.. :;:~A„-(,t1
TOTAL FUNDS							265,512		16,449			281;961;,		',QQ&PQg;~i-" .
Net movement	in funds, induded			in the above	are	as	follows:
Unrestricted	funds						Incoming resources		Resources Movement expended:in:funds E ' 'E				.	9
General fund							48,139		(31,690)			.'16;449
TOTAL FUNDS							48,139		(31,690)	'	.,	' 16„'449
Comparatives	for movement		in	funds
									' Net. -;~tr
							move At'1.1.22.,;:;;;-' 'fu ds			"
Unrestricted	funds
General fund
							2';W~	.&&-'-
TOTAL FUNDS							1'@
Comparative	net movement	in	funds, iifdiuded		in	. '
Unrestricted	funds
General fund
TOTALFUNDS

D tail t ent fFin n 'al Activiti for the Year Ended 1 December 202	D tail t ent fFin n 'al Activiti for the Year Ended 1 December 202	D tail t ent fFin n 'al Activiti for the Year Ended 1 December 202				31.12.23		31.12.22:,!i'-'	31.12.22:,!i'-'
			Unrestricted	Restricted		Total			Total
			funds f	funds f		fundsf			funds
INCOME AND ENDOWMENTS									I
Donations and legacies Donations Gift aid donations Income tax recoverable			19,299 9,365 2,342		-	19,299 9,365 2,342		-14'?g, 1;51q14, !'„:3;89$
			31,006			31,006	'	'	34.",68
Other income Interest received Rent receivable Room hire			380 14,518 2,235			380, .':;j's(18 14;518:":, ~ 3638 2';235 ", 'r:.'., 700
			17,133			17133,„';,'1
Total incoming	resources		48,139			.-:48;139~"
EXPENDITURE						t"j.
					„.~,s P,
Charitable activities
Wages
Pensions Building costs Rental expenses Other operating Giving: General	induding expenses fund	interest	6,510,, ': -.",:~~%.& 18;716;-':,,';:.„, -' -			' 6 1
			)t7.
Support costs
Governance costs
Independent examiner
Total resources	expended
Net income